cost-of-living allowance Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “cost-of-living allowance” in the English Dictionary

"cost-of-living allowance" in British English

See all translations

cost-of-living allowancenoun [C usually singular]

uk   us  
an ​amount of ​money that an ​employee gets in ​addition to his or her ​normalpay, because the ​cost of ​living in a ​particulararea is high: Nurses ​working in the ​capitalreceive an ​additional 7.5 ​percent cost-of-living ​allowance.
(Definition of cost-of-living allowance from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"cost of living allowance" in Business English

See all translations

cost of living allowancenoun [C]

uk   us   ( abbreviation COLA)
ECONOMICS, HR extramoney that some ​people receive from their ​employer, for ​example, because they ​work in an ​area that is very ​expensive, or because ​prices have ​increased: A ​cost of ​livingallowance is ​paid to ​cover the ​additionallivingcostsincurred by ​employees who are ​living away from ​home.
(Definition of cost of living allowance from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of cost-of-living allowance?
Add Cambridge dictionaries to your browser to your website
Word of the Day

chestnut

a large tree with leaves divided into five parts and large round nuts that can be eaten

Word of the Day

In London but at the station: prepositions for talking about travel
In London but at the station: prepositions for talking about travel
by Liz Walter,
September 02, 2015
Several readers have asked for information on prepositions, so I will start with a blog post that looks at an area where they are really important: travel. The first thing to remember is that we use to (and not ‘in’) after the verb go: We are going to London. I went to

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More